Market Overview

Burger King in Talks to Acquire Tim Hortons -WSJ

Burger King Worldwide (NYSE: BKW) is in talks to acquire Tim Hortons (NYSE: THI), according to WSJ. The deal, which would be structured as a tax-inversion, according to sources, would create a company valued at approximately $18 billion.

Tim Hortons closed Friday at $62.84, a gain of $1.69, while Burger King gained $0.27, to close at $27.11.

View article http://online.wsj.com/articles/burger-king-in-talks-to-buy-tim-hortons-1...

Posted-In: News Wall Street Journal Rumors Media

 

Related Articles (THI + BKW)

Around the Web, We're Loving...

Get Benzinga's Newsletters